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Author Topic: Gold AND Silver Bitcoins Available! Starting at 20% Above Spot Price!  (Read 4092 times)
MyBitcoinMint
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August 30, 2011, 05:01:30 AM
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Hello Bitcoin World!

We are pleased to announce the launch of My Bitcoin Mint, The Standard for Bitcoin Precious Metals.

Our goal is to become the premier precious metals dealer for the Bitcoin community, by providing the highest quality customized 'Bitcoin' rounds. My Bitcoin Mint aims to solidify the market between the world's oldest decentralized currency, Precious Metals, and the world's newest, Bitcoin!

We had the honor of having our pre-launch at the Bitcoin Conference recently in NYC, so some of you may be familiar with us and our products. Our website, www.MyBitcoinMint.com, is not live just yet, but we are so excited to share our product with fellow Bitcoiners that we just couldn't wait!

Our first product is the Silver Bitcoin, weighing in at 1 Troy Ounce and 99.9% pure silver. In approximately 1.5 weeks we will have our second product in stock, the Gold Bitcoin, which will be a 1/2 Gram round and also has 99.9% purity.

The launch of our website will provide our customers with live spot-market pricing for all of our minted products. We are hopeful the site will be operating within a week or two. Until then, we will be happy to take orders manually. Send a PM with the number of coins you are interested in purchasing, and we will send you a quote.

Our Pricing Structure:
1 Round = Spot Price + 20%
5 Rounds = Spot Price + 18% per round
20 Rounds = Spot Price + 15% per round
100 Rounds = Spot Price + 9% per round

***shipping not included

And of course, sample images of the Silver Bitcoin  Grin













Edit: And, pictures are now available for the Gold Bitcoin! You may send us a PM or email us at admin@mybitcoinmint.com to reserve your order. We hope to be shipping these coins by the end of the week.  





We Look Forward to Serving All Your Bitcoin Minting Needs!

Gabriel Sukenik
My Bitcoin Mint


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August 30, 2011, 05:40:03 AM
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Very nice idea  Cheesy
You have a PM

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August 30, 2011, 05:41:25 AM
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oh wow o.O
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August 30, 2011, 06:14:58 AM
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These look really really nice.
From a traders perspective, however:

Can we get some info as to where these are minted and maybe a certificate or something?

As such: Love the idea. Maybe think of making different editions to collect etc etc?

I do not know where you hail from, but this guy has minted 1g bitcoins, maybe you can exchange ideas^^

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August 30, 2011, 08:16:46 AM
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We are pleased to announce the launch of My Bitcoin Mint

seriously? mybitcoin?  that sucks!  you probably had the order in before mybitcoin's scam occurred?
MyBitcoinMint
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August 30, 2011, 09:34:00 AM
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We are pleased to announce the launch of My Bitcoin Mint
seriously? mybitcoin?  that sucks!  you probably had the order in before mybitcoin's scam occurred?

Indeed, we did name our company and began minting before the MyBitcoin.com fiasco occurred. Good thing that we're here to bring an honest and trusted name to My Bitcoin Mint, otherwise we'd be in trouble Wink I am confident people will find our services, our product, and our commitment to the Bitcoin Community to be top-notch.

These look really really nice.
From a traders perspective, however:

Can we get some info as to where these are minted and maybe a certificate or something?

As such: Love the idea. Maybe think of making different editions to collect etc etc?


In the spirit of holding on to My Bitcoin Mint's business model, we cannot divulge where are products are minted. However, we do plan on undergoing purity tests to demonstrate to the community that our products are what we claim they are, which is pure precious metal bullion at specified weights. We also will be including documents verifying our products with each order purchased.

We are not sure if we plan on doing variations of our coins, but we do intend on having different metals available. Our Gold Bitcoin will be released shortly, and we hope to bring on other metals in the near future as well Smiley

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August 30, 2011, 01:49:30 PM
 #7

We are pleased to announce the launch of My Bitcoin Mint
seriously? mybitcoin?  that sucks!  you probably had the order in before mybitcoin's scam occurred?

Indeed, we did name our company and began minting before the MyBitcoin.com fiasco occurred. Good thing that we're here to bring an honest and trusted name to My Bitcoin Mint, otherwise we'd be in trouble Wink I am confident people will find our services, our product, and our commitment to the Bitcoin Community to be top-notch.

These look really really nice.
From a traders perspective, however:

Can we get some info as to where these are minted and maybe a certificate or something?

As such: Love the idea. Maybe think of making different editions to collect etc etc?


In the spirit of holding on to My Bitcoin Mint's business model, we cannot divulge where are products are minted. However, we do plan on undergoing purity tests to demonstrate to the community that our products are what we claim they are, which is pure precious metal bullion at specified weights. We also will be including documents verifying our products with each order purchased.

We are not sure if we plan on doing variations of our coins, but we do intend on having different metals available. Our Gold Bitcoin will be released shortly, and we hope to bring on other metals in the near future as well Smiley





I love your writing style and your injection of humor.

Quote
Indeed, we did name our company and began minting before the MyBitcoin.com fiasco occurred. Good thing that we're here to bring an honest and trusted name to My Bitcoin Mint, otherwise we'd be in trouble Wink

Very nice design, price point, and quality images. I was going to ask a question, due to my ignorance, about why the secrecy of where the coins are minted, but found the answer when I reread the quoted post. I also further see the purity concern was addressed. Damn you! Now I know why I flunked Trolling 101.


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August 30, 2011, 03:06:07 PM
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We are pleased to announce the launch of My Bitcoin Mint
seriously? mybitcoin?  that sucks!  you probably had the order in before mybitcoin's scam occurred?

Indeed, we did name our company and began minting before the MyBitcoin.com fiasco occurred. Good thing that we're here to bring an honest and trusted name to My Bitcoin Mint, otherwise we'd be in trouble Wink I am confident people will find our services, our product, and our commitment to the Bitcoin Community to be top-notch.

These look really really nice.
From a traders perspective, however:

Can we get some info as to where these are minted and maybe a certificate or something?

As such: Love the idea. Maybe think of making different editions to collect etc etc?


In the spirit of holding on to My Bitcoin Mint's business model, we cannot divulge where are products are minted. However, we do plan on undergoing purity tests to demonstrate to the community that our products are what we claim they are, which is pure precious metal bullion at specified weights. We also will be including documents verifying our products with each order purchased.

We are not sure if we plan on doing variations of our coins, but we do intend on having different metals available. Our Gold Bitcoin will be released shortly, and we hope to bring on other metals in the near future as well Smiley





I love your writing style and your injection of humor.

Quote
Indeed, we did name our company and began minting before the MyBitcoin.com fiasco occurred. Good thing that we're here to bring an honest and trusted name to My Bitcoin Mint, otherwise we'd be in trouble Wink

Very nice design, price point, and quality images. I was going to ask a question, due to my ignorance, about why the secrecy of where the coins are minted, but found the answer when I reread the quoted post. I also further see the purity concern was addressed. Damn you! Now I know why I flunked Trolling 101.




My apologies, Mr. Gage, perhaps you can troll about my atroshius speling?  Grin

I'm glad I covered your questions/concerns, feel free to keep them coming!



My Bitcoin Mint
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www.MyBitcoinMint.com
BitSense Informatics
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August 30, 2011, 03:26:00 PM
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Looks great! 

Do you think that the premium over the spot price will come down as production picks up?

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August 30, 2011, 03:32:03 PM
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Looks great! 

Do you think that the premium over the spot price will come down as production picks up?

That is certainly our hope! As my father told me, it's easier to be able to have the choice of bringing the price down rather than being forced to push it up! We also hope to introduce copper rounds as a cheaper alternative to either gold or silver.  Grin


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August 30, 2011, 06:00:46 PM
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Some pictures/video of the purity tests would get me interested in some of your coins. What country will these be shipped from?

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August 30, 2011, 07:22:34 PM
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Some pictures/video of the purity tests would get me interested in some of your coins. What country will these be shipped from?

We'll try to have those pictures/videos up later today! Heading to a local coin dealer shortly, let's see if we can put these bad boys to the test.. Cool

My Bitcoin Mint will be shipping from the bastion of freedom itself, good ole NYC in USA. Clearly, we appreciate a good sense of humor here at MBM Tongue


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August 31, 2011, 02:12:01 AM
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So are these for sale yet or do we have to wait for the website?
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August 31, 2011, 02:17:44 AM
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So are these for sale yet or do we have to wait for the website?

Also interested in buying some (the gold ones)
Will there be an 'automated' site?

Never the less. They came out really good
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August 31, 2011, 02:30:50 AM
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So are these for sale yet or do we have to wait for the website?

Also interested in buying some (the gold ones)
Will there be an 'automated' site?

Never the less. They came out really good

For anyone interested in placing an order before the website goes live, please send me a PM and we will take care of payment manually.

The site will indeed be automated. Customers will be able to place orders priced with live metals spot prices.


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August 31, 2011, 02:43:51 AM
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The binary numbers should be 1111100111  Grin
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August 31, 2011, 04:08:45 AM
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Copper is very cheap, the coins would have to be huge in order to have any value compared to the cost of making them.

Have you thought about titanium or tin? (Not sure how workable these are for coin form) but they are worth about 2.5 to 3 times as much, making a smaller denomination coin easier.

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August 31, 2011, 04:16:42 AM
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Copper is very cheap, the coins would have to be huge in order to have any value compared to the cost of making them.

Have you thought about titanium or tin? (Not sure how workable these are for coin form) but they are worth about 2.5 to 3 times as much, making a smaller denomination coin easier.

Y'know, we hadn't, but that is an excellent suggestion! We'll certainly be keeping it in mind..




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August 31, 2011, 04:21:47 AM
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Copper is very cheap, the coins would have to be huge in order to have any value compared to the cost of making them.

Have you thought about titanium or tin? (Not sure how workable these are for coin form) but they are worth about 2.5 to 3 times as much, making a smaller denomination coin easier.

Y'know, we hadn't, but that is an excellent suggestion! We'll certainly be keeping it in mind..





I would be interested in some Black Zirconium (http://www.absolutetitanium.com/atd-zr.php) or hematite - or possible a mix of either with silver to raise the value.
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August 31, 2011, 04:24:57 AM
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Copper is very cheap, the coins would have to be huge in order to have any value compared to the cost of making them.

Have you thought about titanium or tin? (Not sure how workable these are for coin form) but they are worth about 2.5 to 3 times as much, making a smaller denomination coin easier.

Y'know, we hadn't, but that is an excellent suggestion! We'll certainly be keeping it in mind..




Sorry if I'm hijacking your thread Cheesy

I was surprised at how cheap titanium was, we go through a bunch of it at work. That is relatively easy to work with. It's density is about half the weight of copper. I know I'd rather have a pocket full of USD quarter sized titanium coins that would be worth about 9.6 USD each. So you could make ones half the size for 5usd each. I bet a lot of people would jump on those for that price.

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August 31, 2011, 04:31:11 AM
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This looks really interesting Smiley I wish you good luck with your venture, and I have a feeling that I am going to be sending some BTC's your way very soon Smiley
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August 31, 2011, 04:35:24 AM
 #22

Copper is very cheap, the coins would have to be huge in order to have any value compared to the cost of making them.

Have you thought about titanium or tin? (Not sure how workable these are for coin form) but they are worth about 2.5 to 3 times as much, making a smaller denomination coin easier.

Y'know, we hadn't, but that is an excellent suggestion! We'll certainly be keeping it in mind..




Sorry if I'm hijacking your thread Cheesy

I was surprised at how cheap titanium was, we go through a bunch of it at work. That is relatively easy to work with. It's density is about half the weight of copper. I know I'd rather have a pocket full of USD quarter sized titanium coins that would be worth about 9.6 USD each. So you could make ones half the size for 5usd each. I bet a lot of people would jump on those for that price.

I would DEFINITLY buy some if it was black titanium, or better yet black titanium with silver:
http://www.titanium-jewelry.com/r947o.html

And if you do, please PM me, as i would be the first to send BTC your way.
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August 31, 2011, 04:41:17 AM
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For the silver rounds, I would recommend having at least an acid test video done if possible if not a fire assay done.

Re: titanium, not sure exactly how you would have quarter sized coins worth 9.6 USD

http://www.metalprices.com/pubcharts/Public/Titanium_Price_Charts.asp
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August 31, 2011, 04:44:38 AM
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I would DEFINITLY buy some if it was black titanium, or better yet black titanium with silver:
http://www.titanium-jewelry.com/r947o.html

And if you do, please PM me, as i would be the first to send BTC your way.

The only thing is the black part of the titanium is that it's a process or coating, it's just adding a non-value expense to the product. And it dilutes the value of the object itself. It wouldn't be .999 pure anymore.

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August 31, 2011, 04:46:54 AM
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For the silver rounds, I would recommend having at least an acid test video done if possible if not a fire assay done.

Re: titanium, not sure exactly how you would have quarter sized coins worth 9.6 USD

http://www.metalprices.com/pubcharts/Public/Titanium_Price_Charts.asp

Same price guide I was using. I totally screwed up my calculations. I just figured out the volume of a quarter, then used the titanium density to figure out what it would weigh. But.... apparently 7 hours of sleep in a 60 hour time span is screwing up my judgments.

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August 31, 2011, 04:47:28 AM
 #26

Copper is very cheap, the coins would have to be huge in order to have any value compared to the cost of making them.

If anyone is looking for copper bitcoins check out http://CoinedBits.com for gold plated 1oz copper bitcoins.

Check out the first physical bitcoin at http://CoinedBits.com
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August 31, 2011, 04:53:03 AM
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For the silver rounds, I would recommend having at least an acid test video done if possible if not a fire assay done.


We are planning on having a basic acid test performed tomorrow. After speaking with our mint, we are trying to figure out how we can conduct a Specific Gravity test as well. This type of testing is much more precise than just an acid test. And to ease the minds of our customers, our minted products are produced by an ISO-9001 registered facility, and all of their products are IRA approved. Tests to verify our product will be coming shortly..


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August 31, 2011, 04:53:49 AM
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Copper is very cheap, the coins would have to be huge in order to have any value compared to the cost of making them.

If anyone is looking for copper bitcoins check out http://CoinedBits.com for gold plated 1oz copper bitcoins.

These are dummy coins though. They aren't really worth anything.

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August 31, 2011, 05:06:10 AM
 #29

Copper is very cheap, the coins would have to be huge in order to have any value compared to the cost of making them.

If anyone is looking for copper bitcoins check out http://CoinedBits.com for gold plated 1oz copper bitcoins.

These are dummy coins though. They aren't really worth anything.

Well "dummy" is a little strong in my view :-)

True they are mostly a novelty collector coin with not much precious metal value. I posted this because there was discussion over having a copper round.

The "real" value these coins have are that they can be put into "circulation" and create more interest in bitcoin and evangelize the bitcoin message to the world. Precious metal coins don't get much face time with people other than the owner.

Check out the first physical bitcoin at http://CoinedBits.com
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August 31, 2011, 07:45:24 PM
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Just wanted to let everyone know, our Silver Bitcoin took an acid test this morning, and passed with flying colors! Pictures and video will be posted when we return from the beach.. Cool

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September 01, 2011, 01:37:53 AM
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Well "dummy" is a little strong in my view :-)

True they are mostly a novelty collector coin with not much precious metal value. I posted this because there was discussion over having a copper round.

The "real" value these coins have are that they can be put into "circulation" and create more interest in bitcoin and evangelize the bitcoin message to the world. Precious metal coins don't get much face time with people other than the owner.

My statement might have been a little strong, but I stand behind it.

I picked up some of the 1 gram silver rounds and shown those to people. The fact that the coin is actually worth more than a "oh cool" factor is a big thing I think. I know I have a couple friends who already want to buy some. I won't be flashing gold rounds to anyone, but the fact I can tell people, "This is pure silver and is worth something!" I would show off these new big silver rounds too. Few more days I'll be getting some..

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September 01, 2011, 03:05:17 PM
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Well "dummy" is a little strong in my view :-)

True they are mostly a novelty collector coin with not much precious metal value. I posted this because there was discussion over having a copper round.

The "real" value these coins have are that they can be put into "circulation" and create more interest in bitcoin and evangelize the bitcoin message to the world. Precious metal coins don't get much face time with people other than the owner.

My statement might have been a little strong, but I stand behind it.

I picked up some of the 1 gram silver rounds and shown those to people. The fact that the coin is actually worth more than a "oh cool" factor is a big thing I think. I know I have a couple friends who already want to buy some. I won't be flashing gold rounds to anyone, but the fact I can tell people, "This is pure silver and is worth something!" I would show off these new big silver rounds too. Few more days I'll be getting some..

Copper is certainly 'worth something', though not quite as valuable as the precious metals. It all depends on what you are looking for. We would like to offer a wide variety of minted products, and hope to include copper to the list. As paper currency continues its slow-motion collapse, all the metals (gold, silver, and copper included) will become remonetized in the post-fiat economy.

And we look forward to taking your order, Xurious!  Grin


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September 01, 2011, 05:47:15 PM
 #33

Copper is very cheap, the coins would have to be huge in order to have any value compared to the cost of making them.

If anyone is looking for copper bitcoins check out http://CoinedBits.com for gold plated 1oz copper bitcoins.

These are dummy coins though. They aren't really worth anything.

Well "dummy" is a little strong in my view :-)

True they are mostly a novelty collector coin with not much precious metal value. I posted this because there was discussion over having a copper round.

The "real" value these coins have are that they can be put into "circulation" and create more interest in bitcoin and evangelize the bitcoin message to the world. Precious metal coins don't get much face time with people other than the owner.
i thought they were brass, not copper?
from the link you posted, i clicked buy to see more info and the price and saw:
"These are high quality coins made of pure brass with 18k gold plating. Each coin is 1.5" in diameter and weighs 1 oz. "
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September 03, 2011, 12:39:52 PM
 #34

Copper is very cheap, the coins would have to be huge in order to have any value compared to the cost of making them.

If anyone is looking for copper bitcoins check out http://CoinedBits.com for gold plated 1oz copper bitcoins.

These are dummy coins though. They aren't really worth anything.

Well "dummy" is a little strong in my view :-)

True they are mostly a novelty collector coin with not much precious metal value. I posted this because there was discussion over having a copper round.

The "real" value these coins have are that they can be put into "circulation" and create more interest in bitcoin and evangelize the bitcoin message to the world. Precious metal coins don't get much face time with people other than the owner.
i thought they were brass, not copper?
from the link you posted, i clicked buy to see more info and the price and saw:
"These are high quality coins made of pure brass with 18k gold plating. Each coin is 1.5" in diameter and weighs 1 oz. "

In any event, we are planning on adding a pure Copper Bitcoin to our resume.

Also, it appears My Bitcoin Mint is starting to receive some media attention..I will try to see if UDoPage is interested in an interview  Tongue

http://udopage.com/index.php


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September 07, 2011, 10:27:00 PM
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We wanted to share the photo results of our acid test a few days back. To remind our customers, our products are all minted at an ISO-9001 registered firm, and all of our Silver Bitcoins are certified bullion that qualify for IRA accounts.

Below are (unfortunately low-res) images of the Silver Bitcoin I put through the acid-test at a local jewelry/coin shop in NYS.







The black spot is where the acid was poured on the coin. The acid itself was clear; if the acid reacts with non-pure metal, the acid will remain clear to light colored. If the acid reacts with pure metal, it will turn dark and opaque. As you can see, the dark stain left on the coin indicates the purity of the Silver Bitcoin. And keep in mind, if this coin looks rather scratched or banged up, it is (it's my personal Silver Bitcoin I always keep in my pocket in case of unexpected dollar collapse).

In addition, we are speaking with our mint to conduct a further gravity test.

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September 12, 2011, 04:10:17 PM
 #36

The first pictures of the Gold Bitcoin are now available... Grin

We will begin taking orders for the Gold Bitcoin later this week, after we have received our products.

The Gold Bitcoins are hand-crafted and minted, and weigh in at 0.5 grams. Scale-sized pictures are below.






If you'd like to reserve an order, send your request by PM or by email to admin@mybitcoinmint.com. Let us know if you'd be interested in reserving some coins from the first batch of hand-crafted/minted Gold Bitcoins!


Gabriel Sukenik
My Bitcoin Mint


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September 16, 2011, 06:11:10 PM
 #37

Ordered and arrived. They're very nice  Cool

Bitrated user: ercolinux.
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September 26, 2011, 09:16:31 PM
 #38

I seriously considered buying these but the pics ruined it. I refuse (REFUSE) to buy an item which carries a blatant advertisement for its manufacturer. It would be one thing to have a small mint mark somewhere, or perhaps the name in small text around an edge but giant letters all across the entire back of the coin is ridiculous.
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September 26, 2011, 11:07:31 PM
 #39

I seriously considered buying these but the pics ruined it. I refuse (REFUSE) to buy an item which carries a blatant advertisement for its manufacturer. It would be one thing to have a small mint mark somewhere, or perhaps the name in small text around an edge but giant letters all across the entire back of the coin is ridiculous.

That is kind of the whole point of the minting.  You have someone to check out if you think it's not the genuine article.  In this case someone can find mybitcoinmint.com and see their acid test, etc.

Look at nwtmint.com, for example

Every one of their silver/gold/etc bars and rounds has an entire side (or two) devoted to the mint that stamped out the item in "giant letters across the entire back". 

Stop being such a nit. If you want to complain, complain about the 20% vig on the coins.
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September 27, 2011, 11:49:06 PM
 #40

I seriously considered buying these but the pics ruined it. I refuse (REFUSE) to buy an item which carries a blatant advertisement for its manufacturer. It would be one thing to have a small mint mark somewhere, or perhaps the name in small text around an edge but giant letters all across the entire back of the coin is ridiculous.

We would like to consider placing an order for just the Bitcoin logo on both sides of the coin, however we need to see if their is sufficient demand for it.

The purpose behind placing the My Bitcoin Mint logo on the back is to lend the credibility of My Bitcoin Mint to the quality of our coin. We stand behind our product and want to make sure our customers are aware of that. Smiley


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September 29, 2011, 05:09:27 PM
 #41

MyBitcoinMint issue this coin so they should put the logo to endorse the quality


also can you add a serial number ?
also can u add date on each coin ?

Adding serial #'s and dates would require new dies for each minted round. Perhaps adding the year could be done, but we would still need new dies in Jan. We did not want that added cost for our customers.

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casascius
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)


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September 29, 2011, 05:21:23 PM
 #42

I would agree the name should be on there - it should just be non-prominent, and on a single side only.  Identifying the origin of the coin is important - having people think the coin is promoting the mint rather than Bitcoin is not the desired result.

I suppose I speak as someone who has my name plastered all over my coin.  For my particular application, an assertion of origin is critical - but I also was very deliberate in keeping the primary side of my coin strictly limited to being as generic to Bitcoin as possible.

Also, I want to draw attention to the fact that there is good vector artwork published for the big B logo, just google "bitcoin vector logo".  Specifically, there is one detail I notice is commonly missed - on the big B, the stroke at the lower-left-most corner should end in a slant, not parallel to the one above it.  In other words:

._____
|_  <-Top Stroke
   |   | |   )
   |    ---   
._|   | |   )
/_  <-Bottom Stroke

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper or hardware wallets instead.
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September 30, 2011, 07:32:20 PM
 #43

I would agree the name should be on there - it should just be non-prominent, and on a single side only.

This is the jist of my complaint. I don't argue against having mint marks, web site address, company name or any other such thing on the coin, I argue against it being so prominent! Look at any U.S. coin for example, there's stuff all over it identifying where it was minted, what country minted it, etc. but the face and reverse of every coin is a portrait, building, or some other image. The image is prominent both heads and tails, not the minting information.

Practically every .999 silver coin in existence carries adequate markers that you can identify the mint, quality of the coin and some other data easily, but most do not carry giant advertisements for the mint on an entire side. This coin is supposed to commemorate Bitcoin, not your company.
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January 24, 2012, 02:35:06 PM
 #44

hi Gabriel,
could you, please, confirm the premium on gold coins to be 20% over spot (and availability)?
thanks, mila

your ad here:
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January 24, 2012, 05:35:36 PM
 #45

hi Gabriel,
could you, please, confirm the premium on gold coins to be 20% over spot (and availability)?
thanks, mila

I can confirm both! Send me a PM if you'd like to order.

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